Taiwanese lines share Q3 pain
CARRIERS with disproportionate exposure to trans-Pacific trades continue to report weak third-quarter results, with Taiwan’s Evergreen and Yang Ming both showing sharp falls in...
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Napier reports ‘milestone’ financial year
NEW Zealand’s North Island port of Napier has declared a strong result for FY 2025, underpinned by strong container cargo volume increases and active yield management and cost...
TC Fina closes Darwin Port
THE port of Darwin was closed at 2100 hours on Friday [21 November] until further notice due to expected impact of Tropical Cyclone Fina. Mid-afternoon Northern Territory time the...
Loose wires (nearly) sink ships
THE US National Transportation Safety Board has found a single loose wire on the 9,962 TEU Dali caused the infamous collision with Baltimore’s Frances Key Bridge on 26 March 2024...
Peters boasts of NZ ferry savings
KIWIRAIL’s new Cook Strait rail/ro-pax ferries will cost no more than NZ$596 million and the total project will come in under $2 billion, according to the New Zealand Government....
Canberra consulting on offshore decommissioning reforms
THE FEDERAL Government is seeking feedback on reforms to decommissioning and financial assurance arrangements for the offshore oil and gas industry. The Department of Industry,...
LPG tanker's Brisbane blackout due to wrong settings
A LOSS of power that temporarily immobilised the LPG tanker Gaschem Homer as it left the port of Brisbane occurred because two of the ship’s three auxiliary diesel generators had...
Lyttelton bans start to bite
INDUSTRIAL action at the port of Lyttelton’s container terminal is beginning to force shipping lines to make new service arrangements. Lyttelton Container Terminal users have been...
Cook Strait operator on the market
PRIVATE equity-owned ferry operator StraitNZ has joined Australia’s Strait Link on the sales list, according to a report in The Australian. StraitNZ, which provides the two-ship...
Anderson joins consultancy
FORMER Port of Melbourne executive general manager strategy and planning Caryn Anderson has joined Black Quay Maritime Consulting as a strategic advisor. Ms Anderson, who left the...
Sacré bleu! CMA CGM joins Q3 sufferers
LIKE so many of its contemporaries CMA CGM has reported a bleak third quarter but notes it’s at least better than Q2. Group revenue for Q3 2025 was down 11.3% to USD 14,042...
Sharp 3Q drop for HMM
SOUTH Korea’s HMM has joined other Asian container lines in reporting a horrible third quarter in 2025 and offering a gloomy outlook for the rest of the year. Late last week the...
More recognition for Incat’s Clifford
WITH a trophy cabinet already bulging with awards Incat founder and chairman Robert Clifford has racked up another honour, being named Sustainability Champion at the 2025...
ANL/CMA CGM further expands Pacific network
THE CMA CGM Group, including Oceania specialist ANL has today [17 November] opened a new agency in America Samoa, just a few weeks after setting up in Samoa. The Group says the...
China-Australia rates holding up, for now
WITH Drewry’s World Container Index turning down this week after several consecutive upgrades, average spot rates on the premier China-Australia route jumped another 8% for Week...
